Carr's Group (LON:CARR) Releases Earnings Results

Carr's Group (LON:CARR - Get Free Report) released its quarterly earnings results on Wednesday, May 7th. The company reported GBX 5.10 ($0.07) EPS for the quarter, Digital Look Earnings reports. Carr's Group had a negative net margin of 0.93% and a negative return on equity of 1.34%.

Carr's Group Trading Up 10.4%

LON:CARR traded up GBX 13.75 ($0.18) during mid-day trading on Wednesday, reaching GBX 146 ($1.94). The company's stock had a trading volume of 44,239 shares, compared to its average volume of 130,248. The company has a debt-to-equity ratio of 6.73, a current ratio of 2.69 and a quick ratio of 1.04. The stock has a market cap of £142.15 million, a P/E ratio of -104.76 and a beta of 0.81. The company's fifty day simple moving average is GBX 127.71 and its two-hundred day simple moving average is GBX 124.18. Carr's Group has a twelve month low of GBX 101.50 ($1.35) and a twelve month high of GBX 150 ($2.00).

Carr's Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 10th. Investors of record on Thursday, January 23rd were given a dividend of GBX 2.85 ($0.04) per share. The ex-dividend date was Thursday, January 23rd. This is an increase from Carr's Group's previous dividend of $2.35. This represents a yield of 2.46%. Carr's Group's dividend payout ratio is -574.04%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of Carr's Group in a research report on Wednesday, May 7th.

About Carr's Group

Carr's is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr's operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.